Why 2017 Was a Year to Remember for HP Inc.
Not long ago, HP (NYSE: HPQ) was on the wrong end of most every industry pundit's expectations. The negativity centered on the "dying" PC market and HP's floundering printing unit. HP continued to report fairly strong PC sales, but it was just a matter of time before the rug was pulled out from under it -- or so the bears thought.
As we wind up 2017, it's apparent that HP is firmly established as the dominant player in the PC market. To the astonishment of some, HP's printing unit isn't just holding its own; it's also become a growth engine. CEO Dion Weisler deserves much of the kudos for implementing a new development and sales strategy.
For investors in search of growth and income, the better news is that HP remains a bargain despite its stellar performance in 2017.
Source: Fool.com
HP Inc. Stock
With 13 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
However, we have a potential of -4.43% for HP Inc. as the target price of 32 € is below the current price of 33.49 €.
